Can Dogecoin (DOGE) Hit $0.56? Key Levels and Market Sentiment Analysis
Table of Contents
Market sentiment
What the price charts say
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Dogecoin surged by a whopping 234.72% over the past month.
The memecoin must hold the $0.35 resistance level for a rally akin to 2021 levels.
Over the past month, Dogecoin [DOGE] has experienced an explosive surge to reach a yearly high of $0.43.
During this period, the memecoin has surged by a staggering 234.72%, alongside a 91.97% rise on the weekly charts.
However, the recent price action has caused worries of a potential downside. DOGE has declined by 9.67% on daily charts. This has left analysts speculating over the next move